AMD earnings are coming. Can they help justify the stock's huge increase?
AMDAMD(US:AMD) Market Watch·2024-01-30 17:19

Advanced Micro Devices Inc. shares have rocketed some 80% since the company last posted earnings. That means the pressure is on heading into Tuesday afternoon’s report. Despite the stock’s big rally, AMD’s AMD, -2.29% story at the moment is mixed, as the traditional personal-computer and data-center markets are under pressure. But AMD also has the potential to see more momentum with its data-center AI offerings, and that’s been driving the stock’s recent momentum. Even so, some analysts are skeptical that t ...